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Updated over 1 year ago on . Most recent reply

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Thomas John Carson
  • Rental Property Investor
  • Hornell, NY
0
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1
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Creative Financing w/ $10K in Credit Cards?

Thomas John Carson
  • Rental Property Investor
  • Hornell, NY
Posted

Hello everyone! My name is Thomas Carson, I live in the Southern Tier of New York State, and I am excited about Real Estate & I'm beginning to focus on securing a strong financial future. I am looking into creative financing strategies to increase my knowledge and figure out what options are available to me in regard to attaining an income generating property. I have $10,000 in credit card debt along with a credit score of under 500 & a part-time gig driving for Door Dash. I have been doing research on "Subject to" creative financing & I'm still unsure of the risks and how feasible this strategy would be for someone in my position. Would someone be able to share if "Subject to" is the right strategy for me and/or if a different strategy would be superior? Thank you!

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